Frequently Asked Questions
Can I lose money copying your trades?
Absolutely, you can lose money copying my Forex trades. Belows are just few reasons why you can lose money auto trading your account:
- 50/50 chance of winning: My system produces only about 50% winning trades. you may see higher winning percentage on my account statement but it's just because some smaller winning trades (less than 20 pips or 2%) were not true winners that can be turned out as losing trades if I did not close them earlier with smaller profit. It means 50% of my calls will be loss trades.
- Manageable drawdowns: You will see significant drawndown when streak of bad trades are made. However, bad trades are part of Forex business and I am still trying to enjoy both good trades and bad trades as long as they are manageable.
- Risk of human being (this is the biggest risk of trading with me): I am a human being and I can make unmanageable losses if I am not health both physically and mentally. That is why I spend 3+ hours a day for physical exercise and 4 hours a day for mental exercise while I only trade less than 2 hours a day on average. I must be a better person every day to produce the best possibel results for you and myself.
Because Forex trading is so risky and as a human being, I can or may make mistakes which against my trading rules and produce unmanageable losses at any time, you must only invest money you can afford to lose to join my services.
Is this a Forex managed account?
No, Automatic Forex trade duplication service is not a Forex managed account that is fully controlled by the fund manager. With my service, your account can be automatically executed but you are in full control of your own account, you can stop trading my calls or adjust SLs or TPs manually or even close trades any time you want to.
Can I see your account statements?
Yes, you can see my Slave (demo) account statement by signing up the subscribe form or my Master (live) account statement inside the member area.
How can I start copying your trades?
Fill out the Service application form with your information. You will be direct to pages for instruction of joining my services.
What is the broke I am going to us to trade your calls?
The broker you are going to use to trade my calls is the same broker I place trades for you to copy. It's authorised and regulated by the Financial Services Authority. The spread for GBPUSE is from 2 pips to 3.5 pips which is important for you to get the best possible results of copying my trades. Just sign up the subscribe form to see my preferred broker.
Why should I use the MT4 broker you refer to me to auto trade your calls?
There 2 main reasons of using my referring MT4 broker:
- For the best possible trade executions: Different brokers have different prices. With the same broker as mine, you can get the best possible filled.
- Mutual benefits: You pay performance fee every 4 weeks only if you are profiting; The 3rd party IB earns some rebate from the broker; I get my share without managing the relationship with brokers.
Can I continue to use my current broker for your service?
Yes, the service fee will be $2,000 + 5% performance fee every 4 weeks with only $200 for the first week.
How do I pay you?
You can pay your set up fee and your performance fee with your paypal account or by bank wiring. Performance fee will be due on the end of each 4 weeks only when you are profiting copying my trades. You will continue my service once I receive your performance fee.
What is a VPS account?
A VPS is a virtual computer that runs on the internet all the time. It's always on, always accessible, extremely stable, and not dependent on your personal computer's condition or internet connection. You can use the VPS just like a normal computer by accessing it from your personal computer (or any other computer). You can run software, such as Metatrader4 and trade copier, 24/7 without interruption.
Please go to www.Metatrader247.com for more information and support.
Do I need to leave my computer on to copy your trades?
No, you do not need to leave your computer on.
Why do you only respond to me on Friday, Saturday and holidays and don't you have phone number for me to contact you?
My service is operated only by myself. As an one man army, my main focus is nothing but producing the best possible results for my clients by doing the followings:
- Most of my day time is for trading preparation such as exercising physically and mentally while I trade on midnight.
- Also, the fewer interaction with my clients, the better trading environment for me to produce better results for my clients. Please refer to my trading rules.
That is why I only respond to you on no trading day such as Friday, Saturday or holidays and do not provide telephone contact. Hope you can appreciate this policy.
Why your live account has lower deposit than the minimum requirement to trade with you?
The purpose for me to trade live account is to ensure all of us, my clients and I, get the same prices with the same broker on the same trading platform. The size of my account must have little or no impact to my trading to produce the best possible results for my clients. Please check the emotion aspect of trade for details.
Please read my entire website and contact me if you have questions or are ready to join my services.
